- What is Mexico's social contributions (current LCU)?
- 852.36 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1972?
- It is up 7.75 million% from 11 million in 1972 (24.17% a year on average, compounded). The highest value was 852.36 billion in 2024 and the lowest 11 million in 1972.
- How does Mexico rank?
- 14th highest of 68 economies with data for 2024.
- Is the latest change in social contributions (current LCU) unusual for Mexico?
- In 2024, Mexico's social contributions (current LCU) rose 11.9% on 2023 (from 761.51 billion to 852.36 billion). Across the 30 yearly changes before that (1986 to 2023), the average change was +24.8% and a typical year strayed about 34.5% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where is Mexico's social contributions (current LCU) heading?
- From 2015 to 2024 the straight-line trend is upward, about 46.58 billion a year. A straight line explains 96% of the movement over 10 observed years. Extending that straight line gives about 909.06 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 97.91 billion, against 153.01 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).